Psychological ownership as a driving factor of innovation in older family firms

The influence of personal characteristics on entrepreneurial intentions: International comparison

“…However, even in this case, the motivation of successors may be influenced by the fact that they perceive business as an opportunity and that they have no choice (Porfírio, Felício, & Carrilho, 2019). If the successors lack high levels of psychological ownership of their business, their innovative production also significantly decreases (Rau, Werner, & Schell, 2019).…”

Is the project ‘mine’ or ‘ours’? A multilevel investigation of the effects of individual and collective psychological ownership

“…We examine how PO towards a team project ultimately affects individual and team creativity as this outcome encompasses both required and voluntary aspects (e.g., see Griffin, Neal, & Parker, ). Although PO has been associated with outcomes closely related to creativity such as firm innovativeness (Rau et al , ), we do not know how the different ownerships affect individual and team creativity. We argue that while IPO will facilitate individual engagement in the project and in turn enhance individual creativity, at the team level a high group‐mean IPO will not benefit team engagement and team creativity behaviours, but on the contrary, will have a negative effect.…”

“…The concept of psychological ownership (PO) reflects a state in which individuals feel psychologically tied to an object (Pierce, Kostova, & Dirks, , ) and therefore exert effort to take care of it and are motivated to direct their behaviour towards its benefit (Furby, ). Organizational scholars have found PO to positively relate to important attitudinal and behavioural work outcomes, such as affective commitment (Liu, Wang, Hui, & Lee, ), organizational citizenship behaviour (Van Dyne & Pierce, ), work engagement (Ramos, Man, Mustafa, & Ng, ), and firm innovation (Rau, Werner, & Schell, ).…”

Tax avoidance in different firm types and the role of nonfamily involvement in private family firms

“…Furthermore, if founders or members of the family (including kinsmen/kinswomen and spouses) own a minimum of 50% of the firm's equity, we classify private firms as family firms. This approach corresponds to prior studies (e.g., Rau, Werner, & Schell, 2018). Regarding public family firms, we also refer to families' equity ownership but apply a lower threshold (i.e., 5%); this procedure has been established by previous academic work (e.g., Chen et al, 2010).…”